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Solana Labs Launches Bond, a Blockchain Digital Customer Engagement Platform

Solana Labs announced the launch of Bond, a platform that uses blockchain and cryptocurrency structures to establish links between brands and their customers. Bond will offer different features, including digital…

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Squads Labs Raises $10 Million in Series A Round, Launches Fuse Smart Wallet

Squads Labs, the team behind the Squads Solana-based smart accounts protocol, the Squads app, and the smart account-enabled wallet Fuse, announced it raised $10 million in its Series A funding…

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Solana Launches Mainnet Beta v1.18.15 Upgrade to Address Network Stability

Solana has recommended validators in the network upgrade to the latest Mainnet Beta 1.18.15, which includes several fixes to address network performance and stability. The release includes a central scheduler…

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Paypal Expands PYUSD to Solana Blockchain for Better Payment Solutions

Payments giant Paypal has made Paypal USD (PYUSD) available on the Solana blockchain, making the stablecoin “faster and cheaper to use.” Platforms like Crypto.com, Phantom, and Paxos are among the…

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Solana Meme Coin Marketplace Pump.fun Issues $1.9 Million Exploit Postmortem, Discloses Former Employee Involvement

Pump.fun, a leading Solana-based marketplace and deployment tool for meme coins, issued a postmortem on the exploit that occurred on May 16. The team stated that a former employee took…

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Proactive Detection by Certik Saves Wormhole Bridge From Potential $5 Million Hack

Certik, a security firm, prevented a potentially disastrous $5 million exploit in the Wormhole cross-chain bridge by identifying a critical bug, showcasing the importance of proactive security practices and the…

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Investment Firm Franklin Templeton Believes Solana Will Become the Third Largest Crypto Asset

Franklin Templeton, a leading investment firm with over $1.5 trillion in assets under management (AUM), believes Solana has the potential to become the third-largest cryptocurrency in the market. The firm…

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Solana Developers Rush to Address Network Congestion; Operativity Remains Impaired

Anza, a collective of Solana-focused developers, has announced the measures it is taking to mitigate the congestion issues the network has been facing. Anza stated that it has made significant…

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